BIGLARI HOLDINGS INC. (BH-A) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Investee
2026-01-01 to 2026-06-30
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BIGLARI HOLDINGS INC. (BH-A) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 through 2026-06-30. View: Equity Method Investment, Nonconsolidated Investee. Revenue uses this breakdown; costs and expenses retain the consolidated categories.
- Total revenues
- 206,005,000 US dollars
- Restaurant cost of sales
- 78,592,000 US dollars
- Gross profit (calculated)
- 127,413,000 US dollars
- Operating expenses (calculated)
- 125,280,000 US dollars
- Operating profit (calculated)
- 2,133,000 US dollars
- Total other income (expenses)
- 30,604,000 US dollars
- Earnings (loss) before income taxes
- 32,737,000 US dollars
- Income tax expense (benefit)
- 7,342,000 US dollars
- Net earnings (loss)
- 25,395,000 US dollars
- Lion Fund
- 184,628,000 US dollars
- Lion Fund II
- 26,412,000 US dollars
- Impairments
- 0 US dollars
- Interest expense on leases
- 2,757,000 US dollars
- Licensing and media costs
- 6,209,000 US dollars
- Selling, general and administrative
- 51,102,000 US dollars
- Oil and gas production costs
- 8,071,000 US dollars
- Insurance losses and underwriting expenses
- 29,955,000 US dollars
- Depreciation, depletion, and amortization
- 20,806,000 US dollars
- Interest expense on borrowings
- 11,183,000 US dollars
- Gain on sale of oil and gas properties
- negative 4,803,000 US dollars
- Revenue before reconciliation (calculated)
- 211,040,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- Components above reported revenue (calculated)
- negative 5,035,000 US dollars. The disclosed components add up to more than reported revenue; this is the difference, calculated, not a reported item.
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- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.

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Gross margin
61.8%
Gross profit / revenue
Operating margin
1.0%
Operating profit / revenue
Cash conversion
138.9%
Operating cash / net income, same period
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